KDRO, page-66

I read similar to the replies above on another stock from a poster that had supposedly got advice from his accountant on this.

According to them, if you hold the options for more than a year then you can get the cgt discount if you sell them rather than convert to heads. If you choose to convert to heads at any point instead, there is no cgt event triggered in doing so and it starts the cgt clock on those new shares.

Happy to be corrected if any of that is not the case.